PLASTECH GROUP LIMITED

🌳Matureactive
SC162078 · ltd · incorporated 1995-12-08
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 30.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (93/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 30.3y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 30.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2025-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-04-12
    📄
    capital-return-purchase-own-shares
    capital · SH03
  6. 2022-03-29
    📄
    capital-cancellation-shares
    capital · SH06
  7. 2022-03-29
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2021-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-06-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-01-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-07-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-03-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-03-26
    STIRLING, Clare Lorraine appointed
    director
  18. 2014-03-26
    DODDS, William resigned
    director
  19. 2014-03-26
    HUNTER, Douglas Charles resigned
    director
  20. 2014-03-26
    PRESTON, Michael resigned
    director
  21. 2014-01-06
    HUNTER, Douglas Charles appointed
    director
  22. 2012-08-14
    DODDS, William appointed
    director
  23. 2007-10-18
    🔓
    Charge satisfied #3
  24. 2007-10-18
    🔓
    Charge satisfied #2
  25. 2007-10-03
    🔓
    Charge satisfied #1
  26. 2007-09-17
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  27. 2006-01-17
    LOCHRIE, Christopher resigned
    director
  28. 2004-03-29
    PRESTON, Michael appointed
    secretary
  29. 2004-03-29
    HBJ SECRETARIAL LIMITED resigned
    corporate-secretary
  30. 2002-06-04
    LOCHRIE, Christopher appointed
    director
  31. 2000-07-25
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  32. 2000-07-25
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  33. 1999-12-17
    PRESTON, Michael appointed
    director
  34. 1995-12-29
    STIRLING, Thomas appointed
    director
  35. 1995-12-29
    HENDERSON BOYD JACKSON LIMITED resigned
    corporate-director
  36. 1995-12-29
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  37. 1995-12-08
    🏢
    Company incorporated
    As PLASTECH GROUP LIMITED
  38. 1995-12-08
    HBJ SECRETARIAL LIMITED appointed
    corporate-secretary
  39. 1995-12-08
    HENDERSON BOYD JACKSON LIMITED appointed
    corporate-director

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Thomas Stirling
Individual · British · DOB 05/1953 · age 73
75100%
75–100%board control75-100% shares · 75-100% voting · board control28/06/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1995-12-08
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Unit Q10 Flemington Road
Queensway Industrial Estate
Glenrothes
Fife
KY7 5PZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-11
Last: 2025-06-27

Officers (3 active · 6 resigned)

PRESTON, Michael
secretary · appointed 2004-03-29
View their other companies + combined net worth →
Active
STIRLING, Clare Lorraine
director · ~54y · appointed 2014-03-26
View their other companies + combined net worth →
Active
STIRLING, Thomas
director · ~73y · appointed 1995-12-29
View their other companies + combined net worth →
Active
HBJ SECRETARIAL LIMITED
corporate-secretary · appointed 1995-12-08 · resigned 2004-03-29
Resigned
DODDS, William
director · ~58y · appointed 2012-08-14 · resigned 2014-03-26
Resigned
HUNTER, Douglas Charles
director · ~74y · appointed 2014-01-06 · resigned 2014-03-26
Resigned
LOCHRIE, Christopher
director · ~66y · appointed 2002-06-04 · resigned 2006-01-17
Resigned
PRESTON, Michael
director · ~63y · appointed 1999-12-17 · resigned 2014-03-26
Resigned
HENDERSON BOYD JACKSON LIMITED
corporate-director · appointed 1995-12-08 · resigned 1995-12-29
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property17/09/2007
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property25/07/200018/10/2007
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property25/07/200018/10/2007
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property29/12/199503/10/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (117 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-04
capital-return-purchase-own-shares
capital · SH03
2022-04-12
capital-cancellation-shares
capital · SH06
2022-03-29
resolution
resolution · RESOLUTIONS
2022-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-02